U.S. Treasury Secretary Mnuchin: Trump prepared to back additional stimulus if needed - Fox Business

Market news

4 May 2020

U.S. Treasury Secretary Mnuchin: Trump prepared to back additional stimulus if needed - Fox Business

Says that president is focused on tax changes to help business and stimulating travel
Expects China to make good on its trade agreement; adds there will be very significant consequences if they don't
Says Trump continues to review options on China
Expects oil markets to rebound; says that Trump administration is looking for more storage capacity

Japan's PM Abe extends nationwide state of emergency over coronavirus until May 31 - KYODO NEWS

U.S. Stocks open: Dow -1.08%, Nasdaq -0.76%, S&P -0.95%

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